GBP/USD Gains Ahead of US Data.

GBP/USD

Sunak relief rally in Sterling is starting to decrease, causing traders to turn back to fundamentals, and technicals, to value the currency. Sterling has performed better than many currencies since Rishi Sunak took over No.10.

Yesterday’s announcement reflected that the mini-budget would be pushed back from October 31 to November 17 and raised the British currency by a Pound. According to Foreign Minister James Cleverly, both PM Sunak and Chancellor Hunt desired to ‘get it right ‘ and ensure next month’s budget harmonized with the government priorities.

GBP/USD is trading on either side of 1.1600, aided partly by the US dollar weakness. The Fed is expected to hike rates by 75 basis points at its next meeting, and traders are now looking for clues that the central bank may begin to ease back on additional, oversized rate hikes.

Today’s advanced look at US Q3 GDP, released at 13:30 BST, will give the market an idea of how recent rate hikes have affected the US economy in the third quarter, and any miss or beat of expectations will shift the Fed rate hike narrative again.

Cable is now mid-range between first-line support at just under 1.1500 and resistance at 1.1740. The pair may look to consolidate in this range over the next few days ahead of next month’s Fed (November 2) and BoE (November 3) monetary policy decisions.

This Post Has 181 Comments

  1. Neosurf casino bonus Australia December 27, 2025 Reply

    You’ll know how to unlock bonuses and how different symbols work.
    Playing pokies regularly by phone helps you to hone your mobile gaming
    skills. With an Android or iOS smartphone, you can play these pokies anywhere, in your
    comfort. So, we’ve lined up some of the best casino online slots
    in Australia. The good and the bad sides of online gambling in Australia.
    Notably, all online gambling providers are subject to the Interactive Gambling Act.

    This means you can’t withdraw unless you clear the bonus of any wagering requirements, which is why it’s usually a
    smart way to skip the bonus if the WRs are over
    40x. These can include personal account managers, VIP bonuses, higher limits, 24/7 support via
    WhatsApp or Telegram, birthday bonuses, higher cashback, etc.
    If, say, a casino site offers 20% cashback up to $300, you don’t
    want to lose more than $1,500 because then you’re just losing without getting anything in return for it.

    These usually come with lower WR than the welcome bonus and more
    lenient game restrictions, but you should definitely
    read the T&Cs before proceeding.
    With the rising popularity of digital currencies, there are many casinos
    that accept crypto like Bitcoin, Ethereum, and
    Litecoin. Immerse yourself in the best Aussie casino sites for 2025 and start winning today!
    However, withdrawal times can vary based on the chosen payment method,
    with some casinos processing payouts within one hour.
    However, overseas gambling websites are not permitted to operate within the
    country. You can legally gamble online in Australia on lotteries, racing, and sports through regulated Australian sites.

    With the right knowledge and resources, you can enjoy the thrills
    of online gambling while staying safe and responsible.

    References:
    https://blackcoin.co/boho-casino-review-your-ultimate-guide/

  2. Starda Cashback Bonus December 20, 2025 Reply

    Beliebte Spielautomaten in deutschen Online Casinos sind unter anderem Book of Ra und
    Eye of Horus. Sie sind ideal für Spieler, die regelmäßig spielen und die zusätzlichen Vorteile eines
    VIP-Status genießen möchten. Diese Angebote sind besonders attraktiv für Spieler, die regelmäßig spielen und ihre Verluste minimieren möchten. Der Freispiel-Alarm findet jeden Mittwoch statt und bietet Freispiele sowie die Chance
    auf 1.000 € in Cash. Bei StarGames kann man 100
    Freispiele und einen Willkommensbonus bis zu 100 Euro
    erhalten.
    Sie haben Zahlungen zwischen Privatpersonen und zwischen Privatpersonen und Unternehmen vereinfacht , und heute ist es auf den meisten deutschen Glücksspielseiten möglich, Einzahlungen und Auszahlungen mit den Diensten zu machen. Wenn Sie noch mehr
    über Websites lesen möchten, auf denen Sie um echtes Geld
    spielen können, können Sie dies auch auf unserer Website tun oder auf offiziellen Seiten des Casinos im Bereich „Über uns“.

    Spielen Sie einfach nicht auf Glücksspielseiten, die keine
    gültige Glücksspiellizenz haben oder keine bekannten und sicheren Varianten der Zahlungsoptionen anbieten. Alle seriösen deutschen Glücksspielseiten müssen ihr Lizenzzertifikat deutlich auf ihrer
    Website beworben haben. Die deutsche Behörde stellt im Namen des Staates
    sicher, dass Lotterien, Casinospiele und andere Glücksspielaktivitäten sicher und zuverlässig durchgeführt werden.

    References:
    https://online-spielhallen.de/gizbo-casino-aktionscode-dein-schlussel-zu-exklusiven-vorteilen/

  16. WilliamMaw December 2, 2025 Reply

    affordable ed medication EdPillsAfib EdPillsAfib

  23. WilliamMaw December 1, 2025 Reply

    where can i buy erectile dysfunction pills Ed Pills Afib Ed Pills Afib

  49. RamonWeits November 29, 2025 Reply

    Musc Pharm Musc Pharm top rated canadian online pharmacy

  63. Dmufus November 28, 2025 Reply

    canadapharmacyonline com: Musc Pharm – canadian pharmaceuticals online reviews

  131. Davidnub November 22, 2025 Reply

    Cialis 20mg price: EveraMeds – EveraMeds

  157. Davidnub November 19, 2025 Reply

    Tadalafil price: EveraMeds – Buy Tadalafil 20mg

  177. Regístrese para obtener 100 USDT November 20, 2024 Reply

    I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article.

  178. najlepszy sklep March 14, 2024 Reply

    Wonderful beat ! I wish to apprentice whilst you amend your website, how could
    i subscribe for a blog site? The account aided me a appropriate deal.
    I were a little bit familiar of this your broadcast offered vivid clear idea I saw similar here:
    Najlepszy sklep

  179. sklep online March 11, 2024 Reply

    Wow, marvelous blog layout! How lengthy have you ever been running
    a blog for? you make running a blog glance easy. The full glance of your web site is great, as
    well as the content material! You can see similar here sklep online

Leave a Reply

Fund Your Deriv Account

Get VIP Trading Signals

Important Link

Fund Your Deriv Account
Withdraw Funds to Your Local Currency
VIP Trading Signals
Learn To Trade

Information

About US
FAQ
Privacy Policy
Terms of Use

Contact Us

  • Ibadan, Oyo state, Nigeria
  • Contacts@tradewithmac.org
  • +234-8065-318-470

Follow Us

Facebook Twitter Instagram

Disclaimer

Forex, Crypto, Options, and Binary Options have both large potential rewards and large potential risks. Therefore, before investing or trading any of the assets, ensure you are aware of and willing to accept the accompanying risks. Do not trade money you cannot afford to lose.

All Rights Reserved. None of the content of this website can be published elsewhere by any means without the prior consent of the owner(s). Please, check our terms & conditions and privacy policy before continuing to use this website.

This website and its owner(s) are not in any way liable for any incurred loss, whether caused by the information provided on this website or otherwise. The use of this website, including the content and information provided, is the user’s sole liability.